News Details

Flushing Bank Celebrates the Grand Opening of Its Corporate Headquarters and New Branch at RXR Plaza

May 18, 2015 5:15 PM

UNIONDALE, N.Y., May 18, 2015 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced that the Bank will hold a Grand Opening Celebration Tuesday May 19th at its new RXR Plaza location. The event will be attended by local politicians, community leaders, RXR Management and business owners from the building and surrounding areas.

John R. Buran, the Company's President and Chief Executive Officer, stated: "We look forward to a great turnout at tomorrow's event. It will be a great opportunity for our Executive and Senior Management team to meet the local community, business leaders and tenants of the building. We look forward to hosting future events and developing mutually beneficial banking relationships with businesses and consumers within the RXR building." 

Mr. Buran also stated: "We are excited to expand upon our success in Nassau County with a new Headquarters to support our continued growth and provide efficiencies and synergies that result from the majority of our staff being under one roof.  The County's highly educated workforce as well as the commitment by local government and community entities weighed favorably in our decision to expand in Nassau County. We worked closely with the Town of Hempstead Industrial Development Association on programs to support us in bringing over 250 employees to their town." He also added: "The RXR Plaza facility is a quality work environment that reflects our desire to provide the best for our employees. Easy access, comfortable surroundings and employee friendly facilities, including child care, weighed heavily in our decision to relocate our corporate headquarters to the RXR Plaza location. This convenient location also allows us to stay connected with our branch network in the New York metro area. We recognize the role of the branch is changing and we must adapt to stay current with the evolving trends. Our RXR Plaza branch showcases a new branch model that leverages technology with a highly trained sales staff to provide superior customer experience. It provides the added convenience of full-service banking to all of the individuals and businesses located in the building and the surrounding areas. We look forward to meeting with the individuals and businesses that work in this building and discussing the financial solutions that are right for them."

This will be the Bank's third branch located in Nassau County and continues the planned expansion of its branch network, bringing the total number of branches in the metropolitan area to eighteen.  The Bank's RXR Plaza branch will be offering special promotions and giveaways during the months of May and June. The RXR branch will be open 5 days a week with extended Grand Opening hours of operation on Monday through Thursday 8:30 a.m. to 6:00 p.m. and Friday 8:30 a.m. to 5:00 p.m.

About Flushing Financial Corporation

Flushing Financial Corporation is the holding company for Flushing Bank, a New York State-chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, and public entities by offering a full complement of deposit, loan, and cash management services through its 18 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. The Bank also operates an online banking division, iGObanking.com®, which offers competitively priced deposit products to consumers nationwide.

Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company's website at http://www.flushingbank.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "potential" or "continue" or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

CONTACT: Maria A. Grasso
         Senior Executive Vice President, Chief Operating Officer
         Flushing Bank
         718-961-5400
Source: Flushing Financial Corporation